Denison Mines Corp (DNN) Stake Reduced by Global X Management Co. LLC

Global X Management Co. LLC lowered its stake in shares of Denison Mines Corp (NYSEMKT:DNN) (TSE:DML) by 20.1% during the third quarter, Holdings Channel reports. The firm owned 11,937,419 shares of the company’s stock after selling 2,996,707 shares during the period. Global X Management Co. LLC’s holdings in Denison Mines Corp were worth $5,541,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DNN. TD Asset Management Inc. increased its stake in Denison Mines Corp by 2.5% in the third quarter. TD Asset Management Inc. now owns 488,289 shares of the company’s stock worth $386,000 after buying an additional 11,736 shares during the period. JPMorgan Chase & Co. increased its stake in Denison Mines Corp by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 5,603,998 shares of the company’s stock worth $8,518,000 after buying an additional 24,828 shares during the period. Sprott Inc. increased its stake in Denison Mines Corp by 4.4% in the third quarter. Sprott Inc. now owns 708,835 shares of the company’s stock worth $333,000 after buying an additional 30,197 shares during the period. Canada Pension Plan Investment Board purchased a new stake in Denison Mines Corp during the second quarter worth $111,000. Finally, Commonwealth Equity Services Inc purchased a new stake in Denison Mines Corp during the second quarter worth $133,000.

Denison Mines Corp (NYSEMKT:DNN) traded down 3.333% on Wednesday, reaching $0.435. 367,346 shares of the company traded hands. The firm’s market cap is $232.04 million. The stock has a 50-day moving average price of $0.44 and a 200-day moving average price of $0.50. Denison Mines Corp has a 52-week low of $0.35 and a 52-week high of $0.67.

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A number of equities research analysts have weighed in on the company. Dundee Securities restated a “buy” rating and issued a $1.60 target price on shares of Denison Mines Corp in a research report on Wednesday, August 10th. Zacks Investment Research upgraded Denison Mines Corp from a “hold” rating to a “buy” rating and set a $0.50 target price for the company in a research report on Wednesday, September 21st.

Denison Mines Corp Company Profile

Denison Mines Corp. is a uranium exploration and development company. The Company is engaged in the acquisition, exploration and development of uranium properties, extraction, processing and selling of uranium. The Company operates in three segments: the Mining segment, the Environmental Services segment, and the Corporate and Other segment.

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